Open beta testing of Upbit exchange with support for 110+ cryptocurrencies has begun
The South Korean company Dunamu, which, among other things, operates the securities trading application Kakao Stock, has announced the start of an open beta test of the new cryptocurrency exchange Upbit. About writes this BusinessKorea.Upbit is a joint project between Dunamu and the American cryptocurrency exchange Bittrex. Dunamu expects, what after full launch Upbit could become the largest cryptocurrency exchange in the country. The trading platform offers traders 4 markets (KRW, BTC, ETH and USDT) and over 110 types of cryptocurrency tokens.
The platform is currently being accessed via Android and iOS apps and the upbit.com website. Users of the KakaoTalk messenger, which is also operated by Dunamu, who submitted an application in advance, could receive an invitation to participate in testing..
Dunamu CEO Song Chi-hyun says Upbit will be market-focused South Korea.
“The partnership with Bittrex has allowed us not only add support the largest number digital currencies, but also to solve certain problems, including those related to the inconvenience of investing in existing altcoins, delays and difficulties in managing accounts, "he said.
Recall, what are the first Upbit was reported at the end of September.
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